New Machinery
Legal definition for Indian law research
Definition
New machinery, the word 'new' when used with a reference to machine means 'new made or brought into existence for the first time', Cochin Company v. C.I.T., (1968) 67 ITR 199 (202) (SC). [Income Tax Act, 1961, s. 33]
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.